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HOSPITALITY BUSINESS
Named a 'smart village' in 2015, but still lacks basic facilities: Greater Noida's Sadullapur has no proper roads or drainage after 11 years; nearest hospital takes an hour to reachSadullapur, one of 14 villages earmarked as smart villages near Greater Noida in 2015, still has no paved roads, no functional drainage, an...
Mahindra Group names Amit Sinha chief executive of Holidays and Lifespaces sectorMahindra Group named Amit Sinha as CEO of its Holidays and Lifespaces sector. This strategic move aims to accelerate growth and operational...
Buy, Sell or Hold: Elara Capital raises target price on BEML; Citi remains bullish on Titan CompanyBrokerages remain bullish on BEML, Titan and Fortis Healthcare, citing strong earnings, improving margins and growth prospects. Elara sees ...
Ironhill India crafts overseas merger with US beer chainIronhill has acquired its US namesake through bankruptcy proceedings, creating a ₹450-crore hospitality group. The Indian microbrewery chai...
West Bengal government in talks with Tata group for fresh investments: Industry Minister Tapas RoyThe government of West Bengal is currently in talks with the Tata group regarding new investments. These discussions revolve around expandi...
For medium- to long-term investors seeking sustainable growth: 5 large- and mid-caps with upside potential of up to 28%When a market starts to recover, as it is these days, the temptation is to chase whatever is running the fastest (essentially momentum). Bu...
'Kitna time aur lagega?': 3 daughters watch father's cremation on video call after saying they couldn't travel for funeralThree daughters of 72-year-old Shiv Charan Gupta watched their father's cremation through a video call after they said they could not trave...
Luxury hotel chains bet big on India's wellness boomIndian luxury hotel chains are investing heavily in wellness tourism. The Oberoi Group plans twenty new lifestyle resorts across India and ...
KKR deepens India healthcare bet with $1.39 billion Medicover acquisitionGlobal investment firm KKR has acquired Medicover India's hospital network for $1.39 billion. This acquisition marks KKR's third hospital p...
EIH posts revenue from operations of Rs 657 crore for Q1FY27, PAT at Rs 120 croreEIH Limited has announced impressive revenue and net profit growth for the first quarter, showcasing its robust business performance. The e...
Fortis Healthcare Q1 Results: Profit rises 2.3% to Rs 273 croreFortis Healthcare's financial report for the first quarter showcases a promising 2.3 percent rise in profit. The consolidated profit after ...
Chalet Hotels launches Athiva brand in Hyderabad and Pune business districtsChalet Hotels is adding two new hotels under its ATHIVA brand. These new developments will add 150 keys in Hyderabad and 231 keys in Pune. ...
KKR buys Medicover’s India hospitals businessGlobal investment firm KKR has acquired Medicover India's hospital business. Sources said the the transaction values the hospital chain at ...
KKR to acquire Medicover India in $1.5 billion dealThe transaction includes a sale of 100% stake by existing shareholders, as well as a commitment to deploy fresh capital to fund its growth ...
EIH Limited and The Bhartiya Group partner to launch 20 uber luxury lifestyle resortsVikram Oberoi, CEO, The Oberoi Group said the partnership with Bhartiya to develop 20 new resorts under management by EIH allows the chain ...
Manipal Health Enterprises shares list at 11% premium over IPO price on BSE, NSEManipal Health Enterprises shares debuted on Wednesday with an 11% premium. The IPO garnered strong demand, especially from institutional i...
Longevity of partners matters most in a Joint Venture: Tata Trusts Chairman Noel TataNoel Tata highlighted partner chemistry as key to successful joint ventures. He also outlined Tata Trusts' future plans for institution-bui...
WSHA focus on employability in Indian hospitality sector: CEO MandziukThe World Sustainable Hospitality Alliance is training two thousand young Indians for hospitality careers. This program actively operates i...
ET Family Business Awards' winners in the limelight: Apollo Hospitals and Muthoot FinCorpApollo Hospitals and Muthoot FinCorp received prestigious family business awards. Preetha Reddy highlighted Apollo's commitment to accessib...
OYO parent PRISM expands UK premium portfolio with 40 hotels ahead of IPOPRISM, OYO's parent company, is expanding its premium hospitality business in the United Kingdom. Forty new hotels are being added under it...